The 2024 Operational Risk Management I

The 2024 Operational Risk Management I, available at $59.99, has an average rating of 3.8, with 30 lectures, 10 quizzes, based on 108 reviews, and has 355 subscribers.

You will learn about Understand clearly about the steps in managing operational risk using the Risk Cycle Identify the causes of operational risk in a typical company, the importance of operational risk management in ensuring the company is operating smoothly Understand the fundamental and modern ORM tools in elite organizations like : CRSA, KRI, CIM, NPAP, LED Name the 3 Lines of Defense and Board Risk Committee in the Governance Structure within the Operational Risk Management Framework Describe the roles and responsibilities of: Operational Risk Officer and Operational Risk Management Team/Department/Division Understand the available Operational Risk Management Tools for managing operational risks in typical organization Understand about the risk event escalation process This course is ideal for individuals who are Risk Management Professionals or Compliance Risk Professionals or IT Managers or Cybersecurity Managers or Internal Auditors and Internal Controls Professionals or Risk Management Students, Business and Finance Students, Banking Students, bankers or Other learners who want to learn about basic concepts of Operational Risks Management and its components It is particularly useful for Risk Management Professionals or Compliance Risk Professionals or IT Managers or Cybersecurity Managers or Internal Auditors and Internal Controls Professionals or Risk Management Students, Business and Finance Students, Banking Students, bankers or Other learners who want to learn about basic concepts of Operational Risks Management and its components.

Enroll now: The 2024 Operational Risk Management I

Summary

Title: The 2024 Operational Risk Management I

Price: $59.99

Average Rating: 3.8

Number of Lectures: 30

Number of Quizzes: 10

Number of Published Lectures: 29

Number of Published Quizzes: 10

Number of Curriculum Items: 40

Number of Published Curriculum Objects: 39

Number of Practice Tests: 1

Number of Published Practice Tests: 1

Original Price: $189.99

Quality Status: approved

Status: Live

What You Will Learn

Understand clearly about the steps in managing operational risk using the Risk Cycle
Identify the causes of operational risk in a typical company, the importance of operational risk management in ensuring the company is operating smoothly
Understand the fundamental and modern ORM tools in elite organizations like : CRSA, KRI, CIM, NPAP, LED
Name the 3 Lines of Defense and Board Risk Committee in the Governance Structure within the Operational Risk Management Framework
Describe the roles and responsibilities of: Operational Risk Officer and Operational Risk Management Team/Department/Division
Understand the available Operational Risk Management Tools for managing operational risks in typical organization
Understand about the risk event escalation process

Who Should Attend

Risk Management Professionals
Compliance Risk Professionals
IT Managers or Cybersecurity Managers
Internal Auditors and Internal Controls Professionals
Risk Management Students, Business and Finance Students, Banking Students, bankers
Other learners who want to learn about basic concepts of Operational Risks Management and its components

Target Audiences

Risk Management Professionals
Compliance Risk Professionals
IT Managers or Cybersecurity Managers
Internal Auditors and Internal Controls Professionals
Risk Management Students, Business and Finance Students, Banking Students, bankers
Other learners who want to learn about basic concepts of Operational Risks Management and its components

Operational Risks are the most significant risks and most damaging risks that companies and institutions are exposed to. Most of the business failures that occurred in the past (Which you will learn about 1 specific case in the United Kingdom) are due to failure in managing Operational Risks and lack of proper governance structure for managing this type of risk. In the 21st Century, with increasingly fierce competition from competitors within the industries, companies,and institutions are focusing on managing their respective operational risks rigorously and competent regulators are tightening their regulatory requirements for banks, financial institutions,and corporate organizations around the world.

Operational Risk Management is one of the most prominent components that linked with Enterprise-Wide Risk Management ERM, therefore, all big consulting firms in the world like Mckinsey, BCG, Bain, PwC consulting, KPMG consulting, Deloitte consulting, EY consulting are providing operational risk advisory services to companies.

In this course, you will learn about the 7 categories of operational risks, why operational risk management is important, what is risk cycle and you will also learn about current operational risk management tools that are being used in the most elite organizations around the world.

BY ATTENDING THIS COURSE, you would:

– be able to understand the governance structure in managing operational risks, how companies are facing Operational Risks on daily basis via risk event escalation process

– be able to communicate confidently with risk management professionals and consultants regarding Operational risks and related domains

– be able to perform research and analysis on operational risks and management cases

– be able to get the first steps in pursuing a career in operational risk management.

– get a certificate of completion of this course

Course Curriculum

Chapter 1: Introduction to operational risk

Lecture 1: Welcome and Introduction to the course

Lecture 2: Introduction to module 1

Lecture 3: What is risk and what is operational risk

Lecture 4: Nick Leeson case study

Lecture 5: Lessons learned from Nick Leeson case

Lecture 6: The 7 categories of operational risk

Lecture 7: Introducing my new course "Risk library in business world"

Lecture 8: Summary Module 1

Chapter 2: Module 2 : The importance of operational risk management

Lecture 1: The importance of operational risk management

Lecture 2: Summary Module 2

Chapter 3: Module 3 : Governance structure in Managing Operation Risk

Lecture 1: Introduction to Module 3

Lecture 2: The three lines of defense model

Lecture 3: Board Risk Committee

Lecture 4: Roles and Responsibilities of Operational Risk Officers

Lecture 5: Risk event escalation process

Lecture 6: Summary Module 3

Chapter 4: Module 4: Risk cycle and Operational Risk Management Tools

Lecture 1: Introduction to Module 4

Lecture 2: Principles for effective management of operational risk

Lecture 3: Operational Risk Management Process

Lecture 4: Overview of Operational Risk Management Framework

Lecture 5: Operational Risk Governance

Lecture 6: Operational risk appetite

Lecture 7: Risk categorization

Lecture 8: Risk cycle and Operational Risk Management Tools

Lecture 9: Know your role

Lecture 10: Summary Module 4

Lecture 11: How to manage risks (Optional)

Lecture 12: Top 10 Operational risks

Lecture 13: Where do we go from here (Optional)

Instructors

Thanh Nguyen CIA, ACCA, LLB,JD
Former Business consultant and Audit Manager at PwC

Rating Distribution

1 stars: 2 votes
2 stars: 7 votes
3 stars: 21 votes
4 stars: 35 votes
5 stars: 43 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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